Examples of Pledged Claims in a sentence
No action, choice or absence of action in this respect, or partial enforcement, shall in any manner affect the Pledge created hereunder over the Pledged Claims, as it then shall be.
Subject to Clause 5 (Remedies upon Default), the Collateral Agent shall be entitled, to request enforcement of the Pledge over all or part of the Pledged Claims in its most absolute discretion.
The Pledgee may also use different methods of enforcement for different type of the Pledged Claims, simultaneously or subsequently.
The Pledgee shall not be required in any manner to perform or fulfil any obligations of the Pledgor in respect of the Pledged Claims, or to make any payment, or to make any enquiry as to the nature or sufficiency of any payment received by it, or to present or file any claim or take any other action to collect or enforce the payment of any amount to which it may have been or to which it may be entitled hereunder at any time.
It is expressly agreed that the Pledgor shall remain liable to observe and perform all of the conditions and obligations assumed by it in respect of the Pledged Claims.